Assertion On The Passing Of El Salvador’s Securities Legislation

Assertion On The Passing Of El Salvador’s Securities Legislation

11 January 2023 in Bulletins, Securities

ROAD TOWN, British Virgin Islands –  January 11, 2023  

“We’re delighted that El Salvador has right now handed its home securities legislation. This paves the best way for extra modern monetary options to fulfill the nation’s wants, together with the forthcoming Volcano Token. It is a monumental achievement that can certainly turn into a part of historical past as El Salvador takes sovereignty over its monetary future. Bitfinex’s position because the know-how supplier for El Salvador’s Volcano Token underlines our dedication to monetary freedom and Bitcoin adoption.” Paolo Ardoino, CTO at Bitfinex.

“This new securities legislation paves the best way for El Salvador to develop on the sturdy financial advantages established by President Bukele when the nation turned the primary on the earth to make Bitcoin authorized tender on September 7, 2021. By offering a framework for brand spanking new bitcoin-based capital markets, El Salvador ought to quickly turn into a monetary powerhouse related in significance to Singapore and Hong Kong.

Bitfinex is the perfect companion with a confirmed observe document of success and innovation.” Max Keiser, Bitcoin advisor to President Bukele

Bitfinex has sponsored a lot of initiatives to drive entry to cryptocurrency for individuals throughout El Salvador, together with supporting monetary inclusion and training in a brand new collaboration with My First Bitcoin (Mi Primer Bitcoin). Mi Primer Bitcoin is a world academic program that was based in September 2021 by John Dennehy, a author, activist and outstanding Bitcoin supporter. This system gives a diploma to college students who full a course on the use circumstances of Bitcoin and the crypto business. 

As well as, Bitfinex has carried out an advisory position for the federal government of El Salvador in its growth of a securities framework. Study extra about right here.


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About Bitfinex

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Media contact for Bitfinex

Joe Morgan, Senior PR Supervisor

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